Somalia - Industry

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Somalia was $88,509,940 as of 1986. Over the past 26 years, the value for this indicator has fluctuated between $101,604,400 in 1976 and $12,571,930 in 1965.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $12,572,000
1961 $12,572,000
1962 $12,572,000
1963 $12,572,000
1964 $13,356,000
1965 $12,571,930
1966 $18,801,890
1967 $21,671,870
1968 $34,145,800
1969 $40,428,570
1970 $45,585,720
1971 $49,785,370
1972 $54,168,280
1973 $58,839,450
1974 $80,000,000
1975 $80,000,000
1976 $101,604,400
1977 $55,000,010
1978 $39,088,390
1979 $52,099,740
1980 $45,342,410
1981 $49,302,480
1982 $58,324,240
1983 $50,012,560
1984 $54,984,940
1985 $64,165,320
1986 $88,509,940

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Somalia was 11,470,000,000 as of 1986. As the graph below shows, over the past 26 years this indicator reached a maximum value of 11,470,000,000 in 1986 and a minimum value of 89,800,000 in 1960.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 89,800,000
1961 89,800,000
1962 89,800,000
1963 89,800,000
1964 95,400,000
1965 89,800,000
1966 134,300,000
1967 154,800,000
1968 243,900,000
1969 283,000,000
1970 319,100,000
1971 354,900,000
1972 378,100,000
1973 369,600,000
1974 503,600,000
1975 503,600,000
1976 639,599,900
1977 759,000,200
1978 565,999,900
1979 794,000,000
1980 1,305,000,000
1981 1,555,000,000
1982 2,192,000,000
1983 2,389,000,000
1984 4,347,000,000
1985 6,395,999,000
1986 11,470,000,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Somalia was -0.82 as of 1990. As the graph below shows, over the past 19 years this indicator reached a maximum value of 29.03 in 1986 and a minimum value of -37.87 in 1978.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1971 3.64
1972 1.28
1973 -17.11
1974 1.93
1975 -3.55
1976 11.69
1977 8.91
1978 -37.87
1979 20.96
1980 4.39
1981 -15.90
1982 14.37
1983 -16.77
1984 2.95
1985 2.39
1986 29.03
1987 4.93
1988 -8.85
1989 -11.64
1990 -0.82

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Somalia was 6,918,001,000 as of 1990. As the graph below shows, over the past 20 years this indicator reached a maximum value of 9,747,300,000 in 1972 and a minimum value of 6,002,999,000 in 1978.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 9,285,501,000
1971 9,623,699,000
1972 9,747,300,000
1973 8,079,999,000
1974 8,235,700,000
1975 7,943,000,000
1976 8,871,502,000
1977 9,662,001,000
1978 6,002,999,000
1979 7,261,000,000
1980 7,580,000,000
1981 6,374,998,000
1982 7,290,999,000
1983 6,067,999,000
1984 6,246,998,000
1985 6,395,998,000
1986 8,253,002,000
1987 8,660,001,000
1988 7,894,000,000
1989 6,975,001,000
1990 6,918,001,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Somalia was 9.51 as of 1986. Its highest value over the past 26 years was 17.11 in 1974, while its lowest value was 5.16 in 1965.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 6.97
1961 6.56
1962 6.18
1963 5.82
1964 5.82
1965 5.16
1966 7.31
1967 7.97
1968 11.91
1969 13.20
1970 14.13
1971 15.04
1972 12.99
1973 11.60
1974 17.11
1975 11.25
1976 12.59
1977 11.03
1978 6.92
1979 8.82
1980 7.51
1981 7.05
1982 7.53
1983 6.81
1984 6.98
1985 7.32
1986 9.51

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts